I wrote – Shaima Hefzy:
Gold prices have returned to rise today in Egypt in the middle of trading, but they are still lower than yesterday’s price level.
The price of gold fell, this morning, by more than 30 pounds, before compensating part of its losses and rising regarding 5 pounds by the middle of trading.
The large declines in the price of crude locally came as a result of the decline in crude prices on global stock exchanges, with the closing of Thursday’s session, following gold achieved significant gains on the first day of a Russian war once morest Ukraine.
Yesterday, gold reached its highest price since November 2020, according to Bloomberg data.
After Russia declared war on Ukraine and started military operations, global markets were affected, and the prices of a number of global commodities, including gold, oil, wheat and others, jumped.
Gold prices today
14 karat gold prices increased to 557 pounds.
The price of 18 karat gold rose to 716 pounds.
And the price of 21 karat gold rose to 834 pounds.
And the price of 24 carat gold increased to 952 pounds.
gold pound price
The price of the gold pound fell to 6672 pounds, and the price may vary from one dealer to another, and this price is equal to the value of gold in the pound, and its price is linked to the prices of a gram of 21 karat.
The price of gold today globally
Gold prices fell in the global market, at the close of trading Thursday, following a speech by US President Joe Biden in which he announced economic sanctions once morest Russia, and the price of gold reached 1895.76 dollars an ounce, following it reached its highest level since September 2020 at 1973 dollars.
US gold futures settled up 0.8% at $1926.30.
And you can follow up on gold prices today and around the clock through this service from Masrawy: Gold Prices
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